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QPR Software Oyj — M&A Activity 2011
Jul 28, 2011
3334_rns_2011-07-28_23f5e836-960b-42d5-967f-60cba24d69cd.html
M&A Activity
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INFORMATION ON NOBULTEC LTD´S FINANCIAL RESULTS DEVELOPMENT AND FINANCIAL POSITION
INFORMATION ON NOBULTEC LTD´S FINANCIAL RESULTS DEVELOPMENT AND FINANCIAL POSITION
QPR SOFTWARE PLC STOCK EXCHANGE RELEASE 28 July 2011 at 11.00 am
INFORMATION ON NOBULTEC LTD´S FINANCIAL RESULTS DEVELOPMENT AND FINANCIAL
POSITION
QPR Software Plc publishes the following information on Nobultec Ltd´s
financial results development and financial position. QPR has today announced
that it is acquiring 100% of Nobultec Ltd´s shares. The transaction will take
place on 1 August, 2011 and Nobultec becomes QPR´s 100% owned subsidiary.
Financial results (1,000 EUR)
2009 2010
Net sales 866 1,141
Operating profit 4 137
Profit before tax 4 138
Profit for the period 2 102
Financial position (1,000 EUR)
2009 2010
Cash and cash equivalents 94 85
Total equity 159 246
Non-current liabilities 19 0
Current liabilities 144 180
Balance sheet total 322 426
QPR Software Plc
Jari Jaakkola,
Chief Executive Officer
For additional information in QPR Software, please contact:
Jari Jaakkola, CEO
Tel. +358 40 502 6397
www.qpr.com
DISTRIBUTION
NASDAQ OMX Helsinki
Main media
Neither this press release nor any copy of it may be taken, transmitted into or
distributed in the United States of America or its territories or possessions.